SBI Group is one of India’s leading financial services conglomerates, which is headed by the State Bank of India. Among other financial services, it covers asset management, banking, and insurance. Renowned for its extensive network, SBI offers a variety of services to both consumers and businesses and is essential to India’s economic development.
Listed below are some of the stocks in which SBI Group has increased its stake in Q3FY25.
Sansera Engineering
With a market capitalization of Rs 8,066.56 crores, Sansera Engineering Ltd is an engineering-led manufacturer of complex components across automotive and non – automotive sectors. The company has a healthy order book of Rs. 2,005.5 crore with 51 percent of orders from emerging businesses.
SBI Group has increased its stake in Sansera Engineering from 3.9 percent to 7.7 percent or 47.72 lakh equity shares as of Q3FY25.
Happiest Minds Technologies
With a market capitalization of Rs 10,991.96 crores, Happiest Minds Technologies Ltd is a next-generation IT solutions & services Company. The company is headquartered in Bangalore and extends its operations to the USA, Canada, Europe, UAE and Australia.
SBI Group has increased its stake in the company from 1.1 percent to 3.2 percent or 48.51 lakh equity shares as of Q3FY25.
Grindwell Norton
With a market capitalization of Rs 19,994.37 crores, Grindwell Norton Ltd is engaged in the business of manufacturing Abrasives, Ceramics & Plastics and providing IT Services. The company has 7 plants in the country and markets its products to 56 international locations.
SBI Group has increased its stake in the company from 5.8 percent to 7.8 percent or 86.74 lakh equity shares as of Q3FY25.
Torrent Power
With a market capitalization of Rs 72,569.67 crores, Torrent Power Ltd is the leading integrated power utility company in India with a presence across the generation, transmission, and distribution of power. Its operations are spread across the states of Gujarat, Maharashtra, Uttar Pradesh and Karnataka.
SBI Group has increased its stake in the company from 5.8 percent to 7.7 percent or 388.3 lakh equity shares as of Q3FY25.
Godrej Consumer Products
With a market capitalization of Rs 1,18,786.56 crores, Godrej Consumer Products Ltd is a fast-moving consumer goods (FMCG) Company, engaged in the manufacturing and marketing of Household and Personal Care products.
SBI Group has increased its stake in the company from 1.3 percent to 2.5 percent or 258.7 lakh equity shares as of Q3FY25.
Written by Shwetha Sairam
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